Answer:
Explanation:
Manufacturing overhead will be calculated as:
= 85% × direct labor cost.
= 85% × $13000
= 0.85 × $13000
= $11050
Direct material = $10,000
Direct labor = $13000
Total cost = Direct material + Direct labor + Manufacturing overhead
= $10000 + $13000 + $11050
= $34050
  
        
             
        
        
        
Answer:
Partnership Business
Explanation:
Partnership business is a business enterprise owned, managed and financed by a minimum of two individuals for the purpose of making profit.
 Grub Galore is owned by Bob and Rob which makes it a partnership business.
 
 Advantages
1) Profit is shared by partners only.
2) It is financed by more than one person which makes capital more available.
3) Decision making is faster company to limited liability companies 
 Disadvantages
1) Loss is shared among partners only.
2) Death of one partner might lead to the end of the business.
3) Disagreement between partners might end the business.